Blair William & Co. IL Sells 548 Shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV)

Blair William & Co. IL reduced its position in First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 22.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,910 shares of the company’s stock after selling 548 shares during the quarter. Blair William & Co. IL’s holdings in First Trust Dorsey Wright Focus 5 ETF were worth $105,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of FV. Renaissance Technologies LLC bought a new stake in shares of First Trust Dorsey Wright Focus 5 ETF during the 4th quarter valued at approximately $661,000. Townsquare Capital LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 3.0% during the 4th quarter. Townsquare Capital LLC now owns 5,606 shares of the company’s stock valued at $331,000 after purchasing an additional 165 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.5% during the 4th quarter. NewEdge Advisors LLC now owns 1,017,458 shares of the company’s stock valued at $60,091,000 after purchasing an additional 24,439 shares during the last quarter. Garden State Investment Advisory Services LLC grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 2.7% during the 4th quarter. Garden State Investment Advisory Services LLC now owns 36,812 shares of the company’s stock valued at $2,174,000 after purchasing an additional 967 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of First Trust Dorsey Wright Focus 5 ETF by 5.9% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 80,372 shares of the company’s stock valued at $4,984,000 after purchasing an additional 4,474 shares during the last quarter.

First Trust Dorsey Wright Focus 5 ETF Price Performance

FV opened at $61.48 on Thursday. First Trust Dorsey Wright Focus 5 ETF has a fifty-two week low of $47.04 and a fifty-two week high of $63.09. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 19.48 and a beta of 1.07. The company’s 50 day moving average price is $59.46 and its two-hundred day moving average price is $57.70.

First Trust Dorsey Wright Focus 5 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were issued a dividend of $0.096 per share. This represents a $0.38 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 26th. This is a positive change from First Trust Dorsey Wright Focus 5 ETF’s previous quarterly dividend of $0.06.

About First Trust Dorsey Wright Focus 5 ETF

The First Trust Dorsey Wright Focus 5 ETF (FV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US and global ETFs issued by First Trust. The index selects 5 ETFs based on relative price momentum. FV was launched on Mar 6, 2014 and is managed by First Trust.